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Revision of accounts

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This query is : Resolved

CA Shraddha Vora (Querist)

02 March 2015 X Pvt. Ltd. has finalized the accounts and annual report for the year ended 31/03/2014 are prepared. The same are adopted in AGM, filled with ROC, Income tax Return has been filled according to the accounts adopted, Auditor’s Report has been prepared and tax audit report is also filled. Now X Pvt. Ltd. wishes to revise the accounts for the year ended 31/03/2014. Kindly suggest according to which act are we supposed to revise the accounts (i.e. Companies Act 1956 or Companies Act 2013) also we wish to know that what other compliances we will have to comply with.

CS JAY GOHIL

CS JAY GOHIL (Expert)

02 March 2015 it is not possible as per companies act because filling of revised a/cs to ROC is not possible. as per income tax purpose it is possible ti file revised return

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